OMERS Ventures to be moved under new Private Capital group run by Michael Block
Reorg follows PE head retirement, tasking Block with overseeing portfolio that includes venture, green tech, growth.
Ontario
Amplitude Ventures, Gates Foundation lead Radiant Biotherapeutics’ $35-million USD Series A
Amplitude-created biotech startup with scientific roots in SickKids and U of T aims to advance new disease therapies.
Beacon launches remittance solution to help Canadian newcomers receive money from India
Startup launched out of stealth with $5.25 million in funding earlier this year.
“Gordon Ramsay doesn’t want to flip burgers”: Rundle acquires photography startup Iris Booth as founder prepares to step back
Halifax startup mass produces headshots for large orgs with its self-service photo booths.
Ideon, Calabrio headline $53 million AI project investment from DIGITAL Innovation Cluster
DIGITAL said its investment joins an additional $106 million of industry partner backing.
Luge Capital navigates emerging manager minefield, closes second early-stage FinTech fund at $96 million CAD
FinTech VC adds finance leader from Georgian with plans to hire an investor in Calgary.
Shopify to become Roblox’s first platform commerce partner
Move is expected to open up a massive audience of 80 million potential young customers to brands.
“It’s just straight math”: Assent CEO Andrew Waitman sets bar higher after hitting centaur status
Waitman pushing Ottawa compliance software company to reach $200 million ARR within four years.
Fed issues $5.2-million investment to boost southern Ontario cleantech
New fund to offer business support and seed funding.
Northside Ventures closes first early-stage VC fund at $15 million CAD
This emerging manager just met his target amid one of the worst fundraising environments in a decade.
Canadian healthtech company Deep Breathe bags top prize at US Army’s xTechInternational 2024
Portable ultrasound diagnostics startup takes home $95,000 after winning pitch competition in Spain.
Bitfarms and Riot continue public squabble leading up to October shareholder meeting
Riot encouraged shareholders to “seriously question” timing of recent Stronghold acquisition.
Round13, Nvidia-backed Wombo announces $12.2-million CAD to launch more generative AI apps
After surviving collapsed fundraise and class-action, Wombo contends with copyright concerns as it funds for growth.
Executive director Michael Buhr wants C100 to help Canadian tech startups scale
C100 announces 38 Canadian tech firms in new growth and latest early-stage cohorts.
Six Canadian universities among PitchBook’s 2024 top 100 schools for founders
University of Waterloo tops list of Canadian post-secondary institutions that produce future founders.